This home's estimate is 33.2% lower than the average sale price ($835K) of 6 comparable homes.
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- Sale & tax history
- Property details
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5 Walnut Rd, Old Lyme, CT 06371
About this home
Build a lifetime of priceless memories for an affordable price summering New England style at the premier beachfront community of Point "O" Woods. This delightful four bedroom home sited on an elevated corner lot is the perfect place for gathering family and friends together and this gated community features tennis and basketball courts, boating and one of the most beautiful beaches on the Long Island Sound. Summer activities have something for everyone from live music to Bingo and the Board of Governors operates and maintains a Boat Basin with Sixty-one slips of varying sizes for use of property owners of record. The operating philosophy is to provide safe mooring without all of the services provided by commercial marinas: fuel, full-time attendants, bait, or fish cleaning areas. In contrast, the Basin does provide unusual protection from storms, and unparalleled, immediate access to Long Island Sound. Located directly between Boston and NYC, South Lyme is conveniently located near many of the areas premier destinations with two casinos and premium shopping just 30 minutes away.
Redfin Estimate
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Market trends in 06371, CT
Last updated July 2026
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Seller's Market
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Provided by Redfin
Sale history for 5 Walnut Rd
$220/sq ft
$220/sq ft
$233/sq ft
$249/sq ft
$250/sq ft
Tax history for 5 Walnut Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Garage Information
- Garage & Parking: Off Street Parking
Interior
- Interior Information
- Total Rooms: 6
- Appliances Included: Oven/Range, Refrigerator
- Bathroom Information
- # of Baths (Full): 1
- Bedroom Information
- Beds Total: 4
- Room Information
- Room Count: 6
- Basement Description: None
Exterior
- Exterior Features
- Roof Information: Asphalt Shingle
- Exterior Siding: Vinyl Siding
- Exterior Features: Deck, Shed, Wrap Around Deck
- Lot Information
- Lot Description: Corner Lot, Level Lot
- Building Information
- Foundation Type: Piling
- Construction Description: Frame
- Color: white
- Property Information
- Waterfront Description: L. I. Sound Frontage, Dock or Mooring, Beach, Walk to Water
- Property Type: Single Family For Sale
- Property Info: Seasonal Property
- Living Area SQFT Per Public Record: 1200
Financial
- Assessments Information
- Assessed Value: $230,700
Utilities
- Utility Information
- Water Source: Public Water Connected
- Sewer Assess Description: sewer assessment applies
- Sewage System: Public Sewer Connected
- Hot Water Description: Electric
- Heat Type: Wall Unit, No Heat
- Heat Fuel Type: Propane
- Fuel Tank Location: Above Ground
Location
- HOA Information
- Has Home Owner's Assocation
- HOA Fee Frequency: Annually
- HOA Fee Amount: $487
- Association Fee Includes: Tennis, Lake/Beach Access, Security Service, Road Maintenance
- Association Amenities: Basketball Court, Park, Playground/Tot Lot, Security Services, Tennis Courts
- School Information
- High School: Lyme-Old Lyme
- Elementary School: Mile Creek
- Location Information
- State: Connecticut
- Nearby Amenities: Basketball Court, Golf Course, Lake, Library, Park, Public Transportation, Shopping/Mall
- Directions: GPS friendly
- County: New London
Public facts
- Beds: 4
- Baths: 1.0
- Sq. Ft.: 1,200
- Stories: 2.0
- Lot Size: 6,098 square feet
- Style: Single Family Residential
- Year Built: 1923
- Year Renovated: —
- County: New London County
- APN: 1556047
Around this home
Schools
Public K-5 • Assigned • 1.5mi
Public 6-8 • Assigned • 4.1mi
Public 9-12 • Assigned • 3.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 95° expected this year, 17 days in 30 years
80% chance of strong winds in next 30 years
5 unhealthy days expected this year, 7 days in 30 years
Sun exposure
In this area, properties receive around 9.1 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 06371
Home values near 5 Walnut Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | - Baths | 736 Sq. Ft. | $467,753 |
3 Beds | 1 Baths | 852 Sq. Ft. | $548,397 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1769 Sq. Ft. | $751,953 |
3 Beds | 1 Baths | 1178 Sq. Ft. | $626,840 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1134 Sq. Ft. | $538,745 |
3 Beds | 2 Baths | 1936 Sq. Ft. | $914,478 |
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